Alicia Villegas
The debt tap to finance Spanish real estate is on. New players have entered the fray and competition to fund the right assets is growing stronger.
Azora and Oquendo Capital have launched a property lending platform in Spain, which is expected to raise €300m for its first vehicle.
As the late stage of the property cycle begins to bite, the 2019 Emerging Trends Europe report indicates where debt providers should put their capital to work.
The French firm has acquired a real estate debt portfolio in the country and a 24-member investment team as it expands its global strategy to deploy capital.
The 2018 INREV Debt Funds Universe report reveals eight more vehicles than last year, recording a total target gross asset value of €33bn – up from €30.2bn in 2017.
The German bank finances a fully let office project in its home market as it increases new lending to the higher-margin development space.
The most important UK and Continental European commercial real estate deals collected in our database, updated every Monday.
The credit arm of the US private equity giant has lent €240m for land purchases to Habitat Inmobiliaria, which it acquired earlier this year.
Political tensions between Catalonia and Spain’s central government have not disappeared, but an upturn in investment activity in the region suggests it is back on the map for investors and lenders.
Political tensions between Catalonia and Spain’s central government have not disappeared, but an upturn in investment activity in the region suggests it is back on the map for investors and lenders.